GBPJPY - will we break 153.100?

٤ أبريل ٢٠٢١

GBPJPY still continues to defy resistance levels with a continuous bullish push, however last week saw price struggle to break the weekly 153.100 zone. Could we see a potential pullback to around 151.500-800 before a continuation? I believe so.

BOJ are to release the next interest rate decision on the 27th April, I doubt there will be much change to the last release meaning price defintely has fundamental potential to continue higher. What are your thoughts? 👇🏻